With our focus on solutions for automation in Train Rolling Stock, we have moved during the last years towards a specialist business model inside Schneider Electric and have continuously gained the confidence of new partners.

Schneider Electric, our mother company, who is selling a large catalogue product list mostly via wholesalers, is now refocusing on its core business with its corporate program “ONE” on Automation solutions for OEM, Energy Management, Building Automation for Commercial Buildings, Data Center for Banks and Insurance Companies.

Considering these differences in business approach, we have jointly with Schneider Electric been working on an independence solution for Selectron, which came into effect on Tuesday, July 21st, 2009.

Around 25% of the new capital is owned by the employees and the management of Selectron (80% of the team participated) and 75% by two groups of complementary shareholders:

• 8 private successful entrepreneurs with 47% of the shares and 2 Board Members
• One investment fund with 28% of the shares and 2 Board Members
• Employees are represented on the Board by the CEO

This capital structure will enable us to keep going with our strategy and gives us new means to develop new offers for the Train market and enlarge our geographical basis. It will also enhance our capacities with the entrepreneurial inputs and financial means of our complementary shareholders.

We thank Schneider Electric for the excellent cooperation we have enjoyed as well as for the magnificent support and assistance, enabling us to take this step towards independence more easily.

With you, our customers and partners, we would like to plan the next steps for a mutual and succesfull future.

The Selectron team is now ready for this new step and looks forward to further cooperation with you !

If you have questions or if you would like to have further information, please do not hesitate to contact us.

Selectron has been IRIS-certified since 1 July 2009

IRIS stands for "International Railway Industry Standard" (www.iris-rail.org)  and is recognized globally as the standard for evaluating management systems in the railway sector.

Owners, system integrators and manufacturers can rely on the IRIS certificate. The objective for our customers is to avoid having to perform their own audits. Companies certified according to the IRIS standard are recognized as qualified suppliers/partners in the railway industry.

Selectron Systems AG was audited by DQS/SQS over several days and was awarded the IRIS Rev. 01 certificate, which is valid until June 30, 2012. At the same time, an ISO9001:2008 audit was conducted and successfully passed.

Certificate for IRIS Rev. 01 and ISO 9001:2008